Jefferies lowered the firm’s price target on Accor (ACCYY) to EUR 55 from EUR 58 and keeps a Buy rating on the shares. The company’s sale of its remaining stake in Essendi is on track, the analyst tells investors in a research note. The firm views the structure of the deal as mixed.
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Read More on ACCYY:
- Accor upgraded to Buy from Hold at Kepler Cheuvreux
- Accor price target raised to EUR 55 from EUR 53 at Morgan Stanley
- Accor price target raised to EUR 55 from EUR 53 at Barclays
- Accor price target raised to EUR 61 from EUR 60 at JPMorgan
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